Word Problem 5
Problem 5: An amount was invested in stock exchange shares. The face value of each share at the time of buying was Rs 90 each. The price of shares increased to Rs 100 each after one year at stock rate of 4%. What was the amount invested?
Marked Price of share = Rs 90
Annual Income = Rs 100
Rate = 4
So the investment was Rs 2259/-
(basic mathematics for general public)